[dfwgator]

1. Allow for normal personal bankruptcy on student loans after a period of time, in the same fashion as credit card debt or any other personal debts.

Then who is going to want to be in the business of handing out student loans?

[seacapn]

The loans will have to be smaller, which will reduce the cost of tuition. That’s part of the goal. The lack of bankruptcy as an economic “signal” has helped lead to the insane cost inflation seen in recent decades.